remember the .com bubble? is it just talk? is what big name investors are saying. >> i think the markets are bubbling and all asset prices are bubbling, stock prices, bond prices. >> at this time the stock market is somewhat bublly. it has a high cape but we can find low cape sectors in the market. >> there is that disconnect and sense of bubble brewing, right, although, today look at the market. we're flat and up margely, right? who is right and what should you do with your money? let's get the thoughts of two fund managers, one is a bear and one is a bull. the bear, mr. lowry will make his case to tyler and i'll question the bear. gentlemen, thank you so much for joining us. let me begin with you, so much optimism in the markets right now. are we at risk of a bubble?